Description
Seize on this rare opportunity to acquire a large-scale residential investment property in one of Nova Scotias most established university communities. Welcome to The Village, in Antigonish Nova Scotia: A fully occupied 14-unit residential investment property with annual gross income of more than $300,000. This established asset delivers immediate cash flow, proven performance, and the rare opportunity to acquire a portfolio-scale property on a single PID. Ideally located minutes from Canadas Premiere Undergraduate University - St. Francis Xavier University, St. Marthas Regional Hospital, Highway 104, and downtown Antigonish, the property benefits from consistent year-round rental demand supported by education, healthcare, and regional employment. Current leases extend into 2027, providing exceptional income stability from day one. Ownership has completed significant capital improvements throughout the years, including roofing, heat pumps, and ongoing building upgrades, creating a well-maintained asset with strong long-term fundamentals. Existing rents provide opportunities for future revenue growth, offering investors a compelling balance of current performance and long-term upside. Investment opportunities of this scale and stability are increasingly difficult to find in Nova Scotia. Whether expanding an existing portfolio or acquiring a flagship income property, The Village offers a compelling combination of size, stability, and future growth potential in a market with enduring rental demand. Detailed financial statements, rent roll, and additional property information are available to qualified buyers. (id:56844)
- ID:
- 202613841
- Category:
- Multi-family
- Status:
- Active
- MLS® Number:
- 202613841
- Common Interest
- Freehold
- Parcel Number:
- 01227818
- Year Built:
- 2002
- Building Type:
- Apartment
- Community Name:
- Antigonish
- Days On Market:
- 0
- Recreational Facilities
- Washer
- Refrigerator
- Stove
- Dryer
- Heat Pump
- Concrete Perimeter
- Concrete Slab
- Vinyl
- Tile
- Hardwood
- Laminate
- Parking Space(s)
- Gravel
- Apartment
- Municipal water
- Municipal sewage system